Snabb T5M

The dirt bag should have gotten the max!!! "I did nothing wrong!! The minions played me."

Your numbers don't make sense. You should only be taxed on the gain of $275k, not the full sale price. Also define "property" in your example. Per the US Master Tax Guide (which isn't primary authority, but cites the IRC and accompanying Regs), "A capital gain or loss arises from the sale or exchange of a capital asset. Generally, the term "capital asset" means any property except the following: 1. an inventoriable asset; 4. depreciable business property; 5. real property used in the taxpayer's trade or business. What tax rate are you using in the example?

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I'm sure his military base's miliary police would be interested in this, espeically if it was committed while he was on base.

Gabe good idea. What about contacting his army base military police? I bet they'd be interested in hearing about this?